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Post# of 8585
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Saturday, 04/07/2007 12:08:55 AM

Saturday, April 07, 2007 12:08:55 AM

Post# of 8585
Employees at New Haven Copper picked up their final checks Friday as the plant's doors closed behind them after more than 160 years in business. The company, which started in 1845, shut down operations and laid off its remaining 51 employees. Parent company Olin Corp., which announced the closure in November, cited reduced demand for copper products and high raw material costs. New Haven Copper operated a re-roll mill for decades, buying sheets of copper and cutting it into strips for electrical connectors and transformers used in computers and telephones. The closing of one of Seymour's last factories follows the shrinking trend of the manufacturing sector of the state's economy.

Approximate Affected Workforce: 51-100
Source: The Associated Press State & Local Wire - March 31, 2007

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